Soru

Zorluk: KolayLinear and Exponential Growth

A certain antique watch increases in value by a constant percent each year. The watch was purchased for 150150, and its value after 22 years is 216216. What is the annual percent increase in the value of the watch?

Cevap: 20 %

Cevap

The annual percent increase in the value of the watch is 20.
Because the watch increases in value by a constant percent each year, its value can be modeled by the exponential growth equation V(t)=P(1+r)tV(t) = P(1+r)^t, where PP is the initial purchase price, rr is the annual growth rate as a decimal, and tt is the number of years. Substituting the given values P=150P = 150, t=2t = 2, and V(2)=216V(2) = 216 yields 150(1+r)2=216150(1+r)^2 = 216. Dividing both sides by 150150 gives (1+r)2=1.44(1+r)^2 = 1.44. Taking the positive square root of both sides results in 1+r=1.21+r = 1.2, which simplifies to r=0.2r = 0.2. Converting 0.20.2 to a percentage gives an annual percent increase of 20%20\%. Therefore, the correct numeric answer is 2020.

Adım Adım Çözüm

1
Set up the exponential growth equation using the given values.
150(1+r)2=216150(1+r)^2 = 216
Since the value increases by a constant percent each year, the growth is exponential and modeled by V(t)=P(1+r)tV(t) = P(1+r)^t.
2
Divide both sides of the equation by 150150 to isolate the exponential base term.
(1+r)2=1.44(1+r)^2 = 1.44
Dividing 216216 by 150150 simplifies the equation to solve for the growth factor.
3
Take the positive square root of both sides of the equation.
1+r=1.21 + r = 1.2
Taking the square root of 1.441.44 isolates the expression 1+r1+r.
4
Solve for rr and convert the decimal to a percentage.
r=0.2r = 0.2, which is 20%20\%
Subtracting 11 from both sides gives the annual rate r=0.2r = 0.2, and multiplying by 100100 gives the percent increase.

Anahtar Kavram

Solving for the growth rate in an exponential growth model

Alternatif Yöntem

Alternatively, since the question asks for a simple percent increase, you can test a few straightforward percentages. For example, if the annual increase were 10%10\%, the value after 1 year would be 150×1.10=165150 \times 1.10 = 165, and after 2 years would be 165×1.10=181.5165 \times 1.10 = 181.5, which is too low. Testing 20%20\%, the value after 1 year is 150×1.20=180150 \times 1.20 = 180, and after 2 years is 180×1.20=216180 \times 1.20 = 216. This matches the given value exactly.
Tahmini Süre:45s
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